SP/ASX 200 slightly rose 0.3% (+18.7 pts) after a 3-day losing streak, closed at 7039 points, fell -1% (-69 pts) for the week, fell 4 weeks in a row, fell -3.4% (-245 pts) for the month.
Among the 150 largest-cap stocks, 96 (64%) closed higher. 70% of all ASX stocks ended higher, the most in more than 1 month, good for the market.
In terms of sectors, 9 sectors closed up, 2 sectors closed down, 1 sector remained unchanged, ranging from -1% to 2.6%. 4 sectors outperformed the market. The market was up 0.4%; Technology was up 2.6%, the best performer, reflecting an increasing risk appetite; Utilities was down -1%, the worst performer.
● INFRATIL (IFT) largely retreated -3.2% (-$0.26), closed at $7.87, a 28-day low, fell -2.7% (-$0.22) for the week, fell 3 weeks in a row, fell -5.5% (-$0.46) for the month, crossed below MA50 ($7.93). The worst performer today with a significant decrease in volume.
● NEXGEN ENERGY (CANADA) (NXG) surged 9% (+$0.55), closed at $6.65, the best % gain in more than 5 months, rose 10.3% (+$0.62) for the week after a 3-week losing streak, rose 0.2% (+$0.01) for the month, crossed above MA20, MA50 and MA200 ($6.35, $6.36, $6.45). The best performer today with a slight increase in volume.
● MERCURY NZ (MCY) largely retreated -3% (-$0.16), closed at $5.14, fell -3.7% (-$0.2) for the week, fell 2 weeks in a row, rose 1.2% (+$0.06) for the month, crossed below MA20, MA50 and MA200 ($5.28, $5.15, $5.21).
360miq.com/market?data=ASX#tab-3
